Valleywag confession: We're frigtards — Nick Denton, who still claims he's the world's greatest investigative journalist even though he twice incorrectly identified Fake Steve and swore both times he had me dead to rights, is determined to make a go of this Valleywag gossip blog.

Facebook's Zuckerberg Doesn't Take $40 Million Off Table — UPDATE: Valleywag's Owen Wilson now says that his earlier report was wrong, and that Zuck hasn't cashed out at all. — [Valleywag reports more evidence that Mark Zuckerberg is no dummy: $40 million of the $300 million of stock sold …

Facebook founder faces shareholder revolt [Followup] — I was duped on a scoop. Word had reached me, from multiple sources, that Mark Zuckerberg had sold $40 million worth of shares in Facebook's $300 million financing round. Not so, we hear: All of the $300 million Facebook raised …

50 Cent: File Sharing Doesn't Hurt Artists — The music of performer 50 Cent has zero appeal to me, but the man is undoubtedly smart, as the following words (via TorrentFreak) attest: … The key parts: file sharing doesn't hurt the artist, concert and merchandise sales are the key to profiting from music …

One step from the top, Essex boy who reached Apple's core — The designer has come a long way — from a technophobe at a British polytechnic to being mooted as the US giant's next CEO — He holds one of the most powerful corporate jobs in America. His admirers (and customers) include Bono, George W. Bush and the Queen.

Time for Luddite & Wanton Label Chiefs to go — It is ironic that in recent months, label chiefs have been stealing center stage from their more illustrious label acts but for all the wrong reasons. Where Britney had teased to reveal too much of her inner self, Doug Morris …

Google Starts to Index Images Uploaded to Blogger — Even if this sounds hard to believe, Google Image Search started to index images uploaded to Blogger in December 2007. Until this month, all the images were prevented from being indexed by search engines for unknown reasons.

eBayer wants $15000 for Darth Vader Wii — Yeah, just about anything gets ratcheted up a couple levels on the fantasmical scale if Darth Vader makes a cameo, but seriously, $15,000 for a Dark Side Wii? To be frank, this auction has spoof written all over it, but whatever the case …

Linux is about to take over the low end of PCs — Opinion — Sometimes, several unrelated changes come to a head at the same time, with a result no one could have predicted. The PC market is at such a tipping point right now and the result will be millions of Linux-powered PCs in users' hands.

Pass The Bong, It's Another Whacky Zune Commercial — We first covered the rather different advertising campaign for Microsoft's iPod wannabe MP3 player the Zune in November. Enamored perhaps by the surrealism presented in the original campaign, Microsoft has sponsored a project called Zune-Arts …